Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.32% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
CALL
DuPont de Nemours
DD
$18.5B
| $8.72M | ﹤0.01% |
77,994
-55,288
| -41% | -$5.63M |
|
2202
Monarch Casino & Resort
MCRI
$2.2B
| $8.72M | ﹤0.01% |
110,031
+24,162
| +28% | +$1.77M |
|
2203
PUT
Truist Financial
TFC
$63.3B
| $8.71M | ﹤0.01% |
203,600
+189,100
| +1,304% | +$7.99M |
|
2204
PUT
Electronic Arts
EA
$53B
| $8.71M | ﹤0.01% |
60,700
+38,500
| +173% | +$5.58M |
|
2205
CALL
HP
HPQ
$24.9B
| $8.71M | ﹤0.01% |
242,700
+231,500
| +2,067% | +$8.16M |
|
2206
Applied Optoelectronics
AAOI
$7.57B
| $8.7M | ﹤0.01% |
+608,151
| New | +$6.31M |
|
2207
ATN International
ATNI
$366M
| $8.7M | ﹤0.01% |
268,983
-212,622
| -44% | -$5.59M |
|
2208
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $8.69M | ﹤0.01% |
104,535
+41,072
| +65% | +$3.39M |
|
2209
CALL
Corcept Therapeutics
CORT
$12.4B
| $8.69M | ﹤0.01% |
187,800
+43,800
| +30% | +$1.56M |
|
2210
PUT
Idexx Laboratories
IDXX
$44.1B
| $8.69M | ﹤0.01% |
17,200
-200
| -1% | -$97.2K |
|
2211
Lifestance Health
LFST
$4B
| $8.67M | ﹤0.01% |
1,239,145
+993,779
| +405% | +$5.97M |
|
2212
Krystal Biotech
KRYS
$10.1B
| $8.67M | ﹤0.01% |
47,623
+45,053
| +1,753% | +$8.69M |
|
|
NGD
2213
DELISTED
New Gold Inc
NGD
| $8.65M | ﹤0.01% |
2,995,253
+609,495
| +26% | +$1.51M |
|
2214
Garrett Motion
GTX
$5.81B
| $8.64M | ﹤0.01% |
1,056,451
+672,073
| +175% | +$5.65M |
|
2215
CONMED
CNMD
$1.39B
| $8.63M | ﹤0.01% |
119,932
-427,670
| -78% | -$30.2M |
|
2216
CALL
Kimberly-Clark
KMB
$36.3B
| $8.62M | ﹤0.01% |
60,600
-31,200
| -34% | -$4.42M |
|
2217
Signet Jewelers
SIG
$3.61B
| $8.62M | ﹤0.01% |
83,591
+11,337
| +16% | +$958K |
|
2218
CALL
GE Vernova
GEV
$264B
| $8.62M | ﹤0.01% |
33,800
-34,100
| -50% | -$6.55M |
|
2219
CALL
PACCAR
PCAR
$69.8B
| $8.61M | ﹤0.01% |
87,300
-51,600
| -37% | -$5.05M |
|
2220
Red Rock Resorts
RRR
$3.77B
| $8.61M | ﹤0.01% |
158,112
+54,430
| +52% | +$3.03M |
|
2221
AvePoint
AVPT
$2.76B
| $8.6M | ﹤0.01% |
730,554
+88,692
| +14% | +$972K |
|
2222
PUT
Hershey
HSY
$35.5B
| $8.59M | ﹤0.01% |
44,800
+13,600
| +44% | +$2.64M |
|
2223
PUT
Southern Copper
SCCO
$143B
| $8.58M | ﹤0.01% |
78,807
+28,182
| +56% | +$2.77M |
|
2224
CALL
Ares Management
ARES
$28.9B
| $8.57M | ﹤0.01% |
+55,000
| New | +$7.98M |
|
|
2225
PUT
Ares Management
ARES
$28.9B
| $8.57M | ﹤0.01% |
+55,000
| New | +$7.98M |
|
Similar funds
Millennium Management's Q3 2024 Portfolio in Review
As of Q3 2024, Millennium Management held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in Smurfit Westrock worth $94.1M.
- Millennium Management's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Millennium Management's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Millennium Management fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Millennium Management's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Millennium Management opened 898 new positions and closed 667 in Q3 2024.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.